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Wilhelmsen & MPC Capital Join Forces in Technical Ship Management in Container Segment

Logistic News - Published on Thu, 30 Jul 2020

Image Source: Wilhelmsen MPC Capital
Singapore based provider of third party ship management services headquartered in Wilhelmsen Ship Management and the Hamburg-based asset and investment manager MPC Capital AG have agreed to combine their activities in the technical management of container ships. To this end, Wilhelmsen Ship Management acquires a 50 % stake in Ahrenkiel Steamship GmbH & Co KG, the technical container ship manager within the MPC Capital Group. In the future, the joint venture will operate under the brand Wilhelmsen Ahrenkiel Ship Management. The company will continue to operate in Hamburg and Rhoon, while supported by Wilhelmsen’s global network. With around 100 employees, the new company will manage a fleet of currently 72 container ships with a focus on feeder container ships with a capacity of 1000 to 3 000 standard containers.

The managing director of the joint venture will be Dr Michael Silies who has been heading up Ahrenkiel Steamship since 2015. He is supported by Jan-Eric Panitzki, who will continue to oversee the operational part of the business.

The closing of the transaction is still subject to approval by the relevant antitrust authorities.

Source :

Posted By : Yogender Pancholi on Thu, 30 Jul 2020
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